Location: ACT

Category: Service

Asking Price: $ 595,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed

Growth Industry, growth location for leading voice recognition specialist

Operating since 2000, this Canberra based business has quickly positioned itself as one of the leading national suppliers of software, hardware and training to Australia’s burgeoning voice and speech recognition market.

An accredited distributor for one of the world’s foremost dependent speech recognition software packages, the business services an extensive national client base. The software is suitable for a wide range of applications - from enhancing business operational efficiency and return-to-work rehabilitation systems through to medical dictation and student learning.

The software’s varied capabilities have seen the business attract a diverse clientele including individual customers from the general public, small to medium businesses and education providers, medical practices, government and corporate clients, and more.

The business supplies a premium range of USB headsets to be used in conjunction with the software and, for Canberra clients, is also able to provide training. In addition to the software and related products, the business also sells a range of voice recorders and dictation equipment and is an accredited dealer for Olympus and Phillips.

Across all its elements the business generates an impressive annual turnover of $1.2 million.

It operates from a 290sqm three-office complex situated in the heart of one of Canberra’s most sought after high growth commercial areas. Currently it uses two of the three offices, but could easily operate from one. The new owner has the option of leasing an office or purchasing the freehold title to the entire three-office complex with the two other offices generating valuable rental income in a high demand area.

Currently run under management, the new owner can be as hands-on or hands-off with the businesses as their lifestyle requires. Having every Australian government department represented in Canberra there are numerous growth opportunities moving forward – from ongoing government contracts to establishing a national training network to expanding the software product range – this business is a standout investment opportunity and a chance to secure your financial future.

Let’s not forget, you’ll also have the chance to live in Canberra – one of Australia’s favourite cities. Canberra can be anything you want to be. Living in the city you’ll have at your fingertips all the modern conveniences of a thriving urban Capital. With more than its fair share of shopping, dining and entertainment opportunities, make sure you take time out to explore the city’s historical and cultural side. Canberra is one of the few places in Australia where you can drive to the beach or the snow in only 2 hours. Only minutes from the city itself you’ll be able to enjoy a relaxed acreage lifestyle, and make the most of the region’s great climate. The coastline and beaches are only 1 1/2 hour’s drive away while Sydney, Australia’s most populous city, is 3 hours.

Asking price: $595,000 + SAV
Code NB8-007
State ACT
p.1300 846 876 • f.1800 628 798
Int +61 2 8023 4279